Fund Accounting Manager

Fund Accounting Manager

Blackstone's Global Fund Finance team is seeking a Fund Accounting Manager to join the team in support of business growth.

Responsibilities include:

• Calculate and review monthly estimate and final Fund NAV's, analyze NAV reconciliations with various third-party administrators and custodians
• Review and reconcile the calculation of and pay management and performance fees
• Review and reconcile client capital statements generated by third-party administrators
• Review and reconcile fund foreign currency exposure and coordinate hedging
• Assist and coordinate team members in responding to client requests
• Review customized client reporting including calculation of time weighted returns and IRRs
• Review monthly revenue reporting and assist in review of projections
• Assist in the setup and launch of new products and Funds
• Review cash flow analysis reporting to support the investment process
• Review capital call and distribution calculations and review investor notices
• Collaborate with offshore resources with NAV production
• Collaborate with Operations teams including Middle Office, Pricing, Financial Reporting, Management Reporting, Legal and Compliance, and Regulatory Reporting
• Process investor payments
• Utilize technology and outsourced solutions to enhance efficiencies and controls
• Oversee service providers to achieve superior service
• Oversee expense budgeting, hedging and cash reconciliation, certain client reporting functions, and fund structuring and restructuring
• Work with reporting teams to properly present data in audited financial statements and regulatory filings
• Review legal documents for fund accounting process considerations

Qualifications include:

• BS (or above) in Accounting or Finance
• 6+ years of fund, audit, or administrator experience / 6+ years of public or private accounting experience
• Experience in private equity and/or hedge funds and/or audit preferred
• Knowledge of SEC/relevant regulatory filings for investment funds preferred
• CPA preferred, Audit experience is preferred
• Strong Excel skills preferred
• Excellent analytical, technical, and communication skills
• Able to multi-task and effectively manage their own time
• A collaborative team player, always willing to assist colleagues

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.

Expected annual base salary range: $115,000 - $185,000. Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables. Base salary does not include other forms of compensation or benefits offered in connection with the advertised role.

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.

If you need a reasonable accommodation to complete your application, please email Human Resources at View email address on click.appcast.io.

Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:

• Attending client meetings where you are discussing Blackstone products and/or and client questions
• Marketing Blackstone funds to new or existing clients
• Supervising or training securities licensed employees
• Structuring or creating Blackstone funds/products
• Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials

The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions.